Hawaii Building Industry Foundation

Analysis

Hawaii Building Industry Foundation is a registered charity in United States, based in Waipahu, HI. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hawaii Building Industry Foundation reported income of $210k and spending of $21k, leaving 90% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $1,753 to $210k (+11891%), an average of +393% a year. The sharpest change came in the year to December 2023, when income rose by 4100%. Over the whole period it spent 19% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hawaii Building Industry Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within HI. Charities of a similar size with the same main cause include Albert Gallatin Planning & Development Corp ($210k), Ag Gaston Business Institute ($210k) and Durham Teacher Warehousecorporation ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $309k against liabilities of $0, net assets of $309k.